Grow South Dakota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,765,225 | 2,857,491 | 1,907,734 | 50.8 | 1% |
| 2022 | 6,159,440 | 3,745,734 | 2,413,706 | 46.4 | 1% |
| 2023 | 3,106,545 | 2,733,851 | 372,694 | 2.5 | 10% |
| 2024 | 9,966,587 | 2,876,811 | 7,089,776 | 32.0 | 14% |
In its most recent public year (2024), this organization brought in $7,089,776 more than it spent. Its reserves stood at about 32 months of spending, down from 50.8 in 2021. Staff pay was 14% of spending. $13,180,011 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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